HSBC AM to phase out thermal coal investing

The firm’s active fund range will stop investing in thermal coal companies globally by 2040

Holly Roach
clock • 1 min read
HSBC AM to phase out thermal coal investing

HSBC Asset Management (AM) is set to phase out coal-fired power and thermal coal mining from its listed holdings.

The firm's transition away from thermal coal will see the exclusion of such companies by 2030 in the EU and the Organisation for Economic Co-operation and Development (OECD) markets, and globally b...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Holly Roach
Author spotlight

Holly Roach

Deputy Editor at Professional Pensions

More on Investment

Ocean degradation threatens adequacy of retirement outcomes

Ocean degradation threatens adequacy of retirement outcomes

IFoA report says ocean-related shocks can ‘cascade’ through society and the economy

Martin Richmond
clock 10 November 2026 • 4 min read
BlackRock launches protected equity strategy for UK pension schemes

BlackRock launches protected equity strategy for UK pension schemes

Fund aims to maintain exposure to equity growth while managing downside risk

Jonathan Stapleton
clock 09 November 2026 • 2 min read
Climate warming scenarios could hit pension fund returns by up to 30%

Climate warming scenarios could hit pension fund returns by up to 30%

Analysis reveals uneven impact across UK schemes and urges funds to consider risk

Alex Levy
clock 09 November 2026 • 3 min read
Trustpilot